Tanalys

Crude Oil (WTI) (M5) Intraday: further upside.

Pivot: 56.5

Our preference: Long positions above 56.5 with targets @ 58.4 59.2 in extension.

Alternative scenario: Below 56.5 look for further downside with 55.75 54.6 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

60

59.2

58.4

57.4 Last

56.5

55.75

54.6

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version